October 27, 2025 - 05:05

Earlier this month, BlackRock unveiled significant changes to its Select Treasury Based Liquidity Fund, marking a pivotal moment in its approach to both traditional and digital finance. The company has introduced overnight repurchase agreements and shortened U.S. Treasury maturities while eliminating agency investments. These adjustments aim to enhance liquidity and ensure compliance with emerging U.S. stablecoin regulations.
Additionally, the fund's trading deadline has been extended, allowing for greater flexibility. This restructuring positions the fund as a reserve asset tailored for payment stablecoin issuers, thereby broadening access for investors. By aligning its offerings with the evolving landscape of digital currencies, BlackRock is not only reinforcing its leadership in the financial sector but also adapting to the increasing demand for stable and liquid assets in the cryptocurrency market.
As BlackRock continues to innovate within this space, its strategic pivot could potentially reshape the dynamics of both traditional finance and the burgeoning crypto economy.
June 17, 2026 - 02:28
City Council rejects first reading of budget, amendment approved to finance Ajax Turner non-profitThe City Council held its second first reading of the Fiscal Year budget on Tuesday night, but the outcome mirrored the previous session. Despite cutting more than $697,000 in proposed spending,...
June 16, 2026 - 22:13
'El Jefe' speaks: forget about 2008, it's really more like 2004The most senior chief financial officer among New York-listed companies has a message for investors who are bracing for a repeat of the 2008 financial crisis: calm down. According to the executive,...
June 16, 2026 - 07:40
RBA interest rate decision live: Aussies 'forced into hibernation' brace for year of painThe Reserve Bank of Australia has announced its latest cash rate decision, keeping interest rates on hold at 4.35 percent. The move was widely expected by economists, but it offers little relief...
June 15, 2026 - 19:13
VHFA Awards Tax Credits to Support 241 Affordable Housing UnitsThe Vermont Housing Finance Agency has set aside low-income housing tax credits to support the creation or preservation of 241 affordable housing units throughout the state. The funding will go...